CHICAGO, April 12, 2021 /PRNewswire/ — According to the new market research report “Insurance Analytics Market by Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region – Global Forecast to 2026“, published by MarketsandMarkets™, the global Insurance Analytics Market size is expected to grow from USD 8.8 billion in 2020 to USD 20.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.
The rising need for big data and predictive modeling capability during the COVID-19 pandemic drives the adoption of insurance analytics solutions and the rise in adoption of IoT products driving the adoption of insurance market.
Browse in-depth TOC on “Insurance Analytics Market“
186 – Tables
67 – Figures
267 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=58298536
Demand to reduce the time for efficient management of claims and insurance policies is expected to boost insurance companies segment to hold a larger market size
Insurance companies are the end-user companies that provide various types of insurance, such as consumer insurance (including life and health insurance, and vehicle/auto insurance) and commercial insurance (employee insurance and asset insurance for manufacturing companies). Insurance companies are now widely adopting various technology…
